About your Search

20121002
20121010
Search Results 0 to 1 of about 2
? >> voters go to the polls in venezuela, president hugo chavez casting his vote earlier today saying he'll accept the results of his nation's vote and the polls closing hours ago in considered to be the toughest test in his nearly 14 years in power. and steve harington live from miami. why is that important. >> it's important to the u.s., what happens in venezuela. the country with the world's largest oil reserve. the u.s. gets 10% of its oil from venezuela. and also because hugo chavez had the sharpest criticism and forged close ties for iran. almost anyone other than hugo chavez in office would be a real net gain. >> harris: well, steve, what potentially could happen here, could chavez actually lose? >> this is really the first time in almost 14 years in power when there are analysts experts who think hugo chavez will be tested and he could actually lose this time around. keep in mind all that hugo chavez has been fighting against in the law few years in office. he's had cancer for the past year, two operations, they haven't been specific about what kind of cancer. inflation is out of
. >> shep: the leader who called george w. bush the devil locked up his third six-year term. hugo chavez celebrated his closest victory yet from a balcony in caracas. thousands of supporters danced in the streets below as their leader vowed to expand his socialist agenda. this time around, the constant american critic won the election by roughly 11 points. it was a much bigger margin in 06. he won by 27 then. his opponent accused him of using the oil wells to finance his campaigns. there is evidence he may have done that. steve harrigan has more. this was a fair win? >> shepherd, the opposition is conceding defeat, but also at the same time making real complaints. saying that chavez used tens of millions of dollars of government oil money to pretty much buy votes, spend it on public housing and spend it on pensions. so much so that there is real concern that the currency may have to be devalued pretty soon, shep. >> shep: steve, is there anything to come out of this that's positive for the united states? >> i think for u.s. policy makers, it is positive that this election was largely pea
Search Results 0 to 1 of about 2

Terms of Use (31 Dec 2014)